Company to provide camp support services for Pogo
mine
CALGARY,
AB, Nov. 8, 2022 /CNW/ - ATCO Ltd.
(TSX: ACO.X) (TSX: ACO.Y)
ATCO Frontec, part of the ATCO Group, today announced its U.S.
Division has been awarded a new three-year base contract to provide
camp support services to Northern Star Resources' Pogo mine. The
client has the option to extend the contract by two years. The gold
mine is located approximately 220 kms (136 miles) southeast of
Fairbanks, Alaska.
The worker accommodations feature two separate camps each with
their own core facilities, including kitchen and dining. ATCO will
provide management and administration, food services, housekeeping
and janitorial, maintenance of site facilities, logistics and
supply support, and bus operations for the 700-room facility.
"ATCO's proven ability to deliver services in remote and
difficult locations in the North will ensure guests have a positive
experience working away from home, from safe and comfortable
accommodations to great food," said Jim
Landon, President, ATCO Frontec. "As we grow our business in
the U.S. market, we're bringing our expertise in workforce housing,
facility maintenance services and disaster and emergency response
to our American clients."
This will be the second Alaskan contract for ATCO Frontec. Its
joint venture, ARCTEC Alaska, has provided operations and
maintenance of the Alaska Radar System for United States Department
of the Air Force since 1993. ATCO's Nasittuq partnership also
operates and maintains the North Warning System for Canada and NORAD.
As part of its U.S. expansion, ATCO Frontec recently opened an
office in Houston, Texas. ATCO
Frontec already provides workforce lodging services for
approximately 1300 construction workers at Naval Air Weapons
Station China Lake in Ridgecrest,
California, and operated the 1500-person Tuscan Ridge Lodge
in support of the Paradise,
California wildfire clean-up.
With approximately 6,400 employees and assets of $23 billion, ATCO is a diversified global
corporation with investments in the essential services of
Structures & Logistics (workforce and residential housing,
innovative modular facilities, construction, site support services,
workforce lodging services, facility operations and maintenance,
defence operations services, and disaster and emergency management
services); Utilities (electricity and natural gas transmission and
distribution, and international electricity operations); Energy
Infrastructure (electricity generation, energy storage and
industrial water solutions); Retail Energy (electricity and natural
gas retail sales); Transportation (ports and transportation
logistics); and Commercial Real Estate. More information can be
found at www.ATCO.com.
Investor Inquiries:
Colin Jackson
Senior Vice President, Finance, Treasury, Risk &
Sustainability
403 808 2636
Colin.Jackson@ATCO.com
Media Inquiries:
Kurt Kadatz
Director, Corporate Communications
587 228 4571
Kurt.Kadatz@ATCO.com
Forward-Looking Information:
Certain
statements contained in this news release may constitute
forward-looking information. Forward-looking information is often,
but not always, identified by the use of words such as
"anticipate", "plan", "estimate", "expect", "may", "will",
"intend", "should", and similar expressions. In particular,
forward-looking information in this news release includes
references to the expected value and term of the camp support
services contract.
Forward-looking information involves known and unknown risks,
uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such
forward-looking information.
The Company's actual results could differ materially from
those anticipated in this forward-looking information as a result
of regulatory decisions, competitive factors in the industries in
which the Company operates, prevailing economic conditions
(including as may be affected by the COVID-19 pandemic), and other
factors, many of which are beyond the control of the
Company.
The Company believes that the expectations reflected in the
forward-looking information are reasonable, but no assurance can be
given that these expectations will prove to be correct and such
forward-looking information should not be unduly relied
upon.
Any forward-looking information contained in this news
release represents the Company's expectations as of the date
hereof, and is subject to change after such date. The Company
disclaims any intention or obligation to update or revise any
forward-looking information whether as a result of new information,
future events or otherwise, except as required by applicable
securities legislation.
SOURCE ATCO Ltd.